Slow rollout of vaccines ‘bodes ill for recovery’, warns the IMF

Uneven rollout of vaccines across the world could threaten global financial stability, warns IMF By Lucy White For The Daily Mail Published: 21:50 GMT, 27 January 2021 | Updated: 22:18 GMT, 27 January 2021 The International Monetary Fund (IMF) has warned that vaccine shortages could threaten global financial stability. While developed countries like the UK … Read more

IMF downgrades UK growth forecast for this year to 4.5 per cent

IMF downgrades UK growth forecast for this year to 4.5 per cent as renewed Covid lockdowns smother recovery The IMF has downgraded its forecast for the UK’s growth amid fresh lockdowns  Body now expects 4.5 per cent expansion this year as rest of Europe suffers Wider outlook for the world has improved and hope for … Read more

IMF downgrades forecast for UK economy with GDP projected at 10.4%

International Monetary Fund DOWNGRADES its forecast for the UK economy and says it won’t return to pre-pandemic levels for at least a YEAR amid second wave and Brexit chaos as Rishi Sunak warns Britain must balance the books Rishi Sunak today stressed importance of the Government balancing the books  The International Monetary Fund issued pessimistic … Read more

ALEX BRUMMER: Chancellor passes first IMF exam

ALEX BRUMMER: UK’s hard-earned fiscal and monetary credibility, a willingness to invest in infrastructure, flexible labour and healthy banking sector should help restore prosperity By Alex Brummer for the Daily Mail Published: 22:27 GMT, 29 October 2020 | Updated: 22:44 GMT, 29 October 2020 The inspectors have been in and Rishi Sunak has passed his … Read more

Rich must pay for Covid borrowing binge, says IMF as global debts soar

The rich must pay for Covid borrowing binge, says IMF as global debts hit a record £64 TRILLION By James Salmon for the Daily Mail Published: 21:54 BST, 14 October 2020 | Updated: 21:54 BST, 14 October 2020 The wealthy should pay higher taxes to help deal with a Covid borrowing binge that has pushed … Read more

IMF warns Covid will cause ‘lasting damage’ to living standards

The £21trillion cost of Covid: IMF warns the pandemic will cause ‘lasting damage’ to living standards worldwide By James Salmon for the Daily Mail Published: 22:04 BST, 13 October 2020 | Updated: 22:22 BST, 13 October 2020 The Covid crisis will blow a £21trillion hole in the world economy and inflict ‘lasting damage’ on living … Read more

Chancellor asks IMF to bail out poor countries

Rishi Sunak set to press International Monetary Fund to ease debt burden on poorest countries hit by coronavirus By Dan Atkinson, Financial Mail on Sunday Published: 21:51 BST, 10 October 2020 | Updated: 21:51 BST, 10 October 2020 Rishi Sunak is set to press the International Monetary Fund to ease the debt burden on the … Read more